Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$42,058Cash toward the purchase price.
Closing costs + prepaids$18,695Not just lender fees.
Before credits & paid funds$60,753The complete starting cash picture.
Estimated remaining funds due at closing
$60,753No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$42,057.93
Your down payment$42,057.93
Closing costs + prepaids$18,695.15
Total buyer cash needed$60,753.07
Remaining funds due$60,753.07
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,480.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,870.00
Prepaid interest, first (18 days)$2,120.15
Fees + prepaids$18,695.15
Your down payment is the seller’s equity. You take over the $705,942 balance, so the rest of the $748,000 price is paid at closing. A second mortgage can cover part of it. $60,753.07 is due at closing. Uses and sources reconcile at $766,695.15 each. Not a Closing Disclosure.